Fill Your Contact Details Here To Receive The RM500 Incentive

(Please put in your accurate information so we can send you the incentives from the PRS.)

PRS – Private Retirement Scheme

Private Retirement Scheme (PRS) is a voluntary long-term investment scheme designed to help individuals accumulate savings for retirement. PRS seek to enhance choices available for all Malaysians, whether employed or self-employed, to voluntarily supplement their retirement savings under a well-structured and regulated environment.

Each PRS offers a choice of retirement funds from which individuals may choose to invest in based on their own retirement needs, goals and risk appetite. The fund options under a PRS are intended to enhance long-term returns for members within a regulated framework. Assets of each PRS are segregated from the PRS Provider and held by independent Scheme Trustee under a trust.

Private Retirement Scheme (PRS) Booklet.

Call us at 04-6422 170 to get help on PRS registrations.

Private Retirement Scheme (PRS) Flyer. Click image to view

Private Retirement Scheme (PRS) Brochure. Click image to view

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PRS – Private Retirement Scheme (Youth Incentive)

In the 2014 Budget tabled on 25 October 2013, the Prime Minister had announced youth incentive of RM500 to contributors who participate in the PRS scheme to inculcate the importance of saving from an early age to ensure sufficient savings after retirement. The RM500 is a one-off contribution by the Government to young PRS members to encourage youth to undertake long-term savings for retirement through the PRS.

The Government will contribute RM500 per qualified person to be used to purchase units of PRS funds in the PRS account of youths, whom have accumulated a minimum gross contribution amount of RM1,000 within a year. This incentive will be made available for a period of 5 years from 2014 to 2018.

Click here to download PRS Youth Incentive Launch Slides

Eligibility Requirements

In order to be qualified for the PRS Youth Incentive, the following requirements must be met;

  • Individuals must be Malaysian nationals.
  • Individuals may be existing PPA account holders or new Members.
  • Individuals must be aged 20 and above but have not yet reached the age of 31 within any calendar year, between 2014 – 2018 in a single PRS fund of a Provider.
  • Gross contributions within the calendar reaches RM1,000

SIGN UP FOR PRS YOUTH INCENTIVE TODAY

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